Billionaire Profile

Global Rank

#97

Image: Public domain | via Wikimedia Commons

Pham Nhat Vuong

CEO, Vingroup

Real-Time Net Worth

$23.6B

As of December 2025

Age

Source

Diversified

Industry

diversified

Citizenship

Biography

Pham Nhat Vuong, born in Hanoi, Vietnam, is the visionary founder and chairman of Vingroup, the largest conglomerate in Vietnam. His journey began in the 1990s with an instant noodle business in Ukraine. Returning to Vietnam, he spearheaded the development of Vinpearl Resort Nha Trang and Vincom City Towers. His diversification across industries, from real estate to automotive (VinFast), has solidified his $23.6 billion net worth and position as a leading figure in Southeast Asian business. His career is marked by strategic foresight, a startup spirit, and commitment to innovation. Vuong has transformed Vingroup into a multi-billion dollar enterprise, contributing significantly to Vietnam's economic growth.

Wealth Over Time

Portfolio Holdings

VinFast

In-Depth Profile

Early Life

Pham Nhat Vuong was born on August 5, 1968, in Hanoi, North Vietnam. He graduated from Kim Lien High School in 1985. In 1992, he graduated from the Moscow Geological Prospecting Institute with a degree in geology.

Rise to Success

In the 1990s, Vuong started an instant noodle restaurant business in Ukraine. In 1993, he founded Technocom, which became a market leader in dehydrated culinary products in Ukraine. He sold Technocom to Nestlé for $150 million in 2009. After returning to Vietnam, Pham Nhat Vuong developed Vinpearl Resort Nha Trang (opened in 2003) and Vincom City Towers (opened in 2004). Vincom went public in 2007 and merged with Vinpearl to form VinGroup in the same year.

Key Business Strategies

Vuong's leadership is characterized by a "Five Principles" strategy: Centralization, Standardization, Specialization, Automation, and Sharing. He emphasizes adaptability, risk management, and maintaining a startup spirit within Vingroup. He expanded into various sectors, including real estate, retail, healthcare, education, and the automotive industry with VinFast.

Philanthropy

Pham Nhat Vuong is also a philanthropist and has co-founded the VinFuture Foundation and VinFuture Prize to support science and technology.

Career Milestones

1993

Founded Technocom

Founded Technocom, which became a market leader in dehydrated culinary products in Ukraine.

2003

Developed Vinpearl Resort Nha Trang

Developed Vinpearl Resort Nha Trang.

2007

VinGroup Formation

Vincom went public and merged with Vinpearl to form Vingroup.

2009

Sold Technocom

Sold Technocom to Nestlé for $150 million.

2017

Founded VinFast

Founded VinFast, a Vietnamese multinational automotive company.

Philanthropy & Social Impact

Science and Technology

VinFuture Foundation

Undisclosed

Co-founded the VinFuture Foundation and VinFuture Prize to support science and technology.

General Philanthropy

Kind Heart Foundation

Undisclosed

Support through the Kind Heart Foundation.

Business Philosophy & Leadership

Leadership Principles

Centralization

Every leader must be the nucleus.

Standardization

Everything must be set on a common standard.

Automation

Application of information technology to management.

Sharing

Vingroup should do things together if possible, which will helps increase labor productivity and enhance the quality of management.

Startup Spirit

Cultivate a startup spirit within a corporate giant.